'We've been growing throughout the whole downturn.'.
Position | REGIONALREPORT Triad |
-- Daryl Bible, chief financial officer of Winston-Salem-based BB&T Corp., after the bank agreed to acquire Bank Atlantic in November. Bible was referring to BB&T's deposits minus CD accounts, which have fallen off since the recession started in December 2007. But its expansion has come with a price: its 2009 acquisition of failed Colonial Bank forced it to write off millions of the bank's nonperforming assets a year later.
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Acquisitions since recession institution Year...
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